Husker News Co. v. South Ottumwa Savings Bank

HARRIS, Justice.

This tort suit, asserting a conversion claim under the uniform commercial code and seeking recovery for negligence, is an attempt by an employer to collect for the fraudulent appropriation of funds by one of its own employees. Defendants are plaintiffs customers, the customers’ banks, and the employee’s bank. Prior appeals, arising from the same litigation, were on an issue not involved here. See Vander Linden Drug Store, Inc. v. Husker News Co., 473 N.W.2d 209 (Iowa 1991) (table); Husker News Co. v. Mahaska State Bank, 460 N.W.2d 476 (Iowa 1990). The trial court dismissed the…